U.S. TREASURY YIELDS FALL FOLLOWING FED'S WILLIAMS COMMENTS

U.S. Treasury yields moved lower after New York Fed President John Williams signaled one more rate hike in 2026 may be sufficient, with no further increases currently anticipated in 2027.

30-year yield: 5.565% (-3.42 bps)
10-year yield: 5.219% (-2.51 bps)
2-year yield: 4.795% (unchanged)

Long-term bonds rallied as Williams' comments eased expectations for additional Fed tightening.